
Halliburton (HAL) Stock Forecast & Price Target
Halliburton (HAL) Analyst Ratings
Bulls say
Halliburton, as North America's largest oilfield-services company, is positioned favorably due to its strong market share in hydraulic fracturing and completions, which accounts for nearly half of its revenue. The company's ability to leverage its expertise in material science and operational innovations has led to reduced development costs for producers, which enhances its competitive positioning. Projected growth in cash flow generation, with an expectation of $1.8 billion in free cash flow by 2026, alongside improved service pricing and utilization rates, bolsters a positive financial outlook for Halliburton.
Bears say
Halliburton has provided a revenue guidance of $5.35-$5.46 billion for the upcoming quarter, indicating a mid-point decline of approximately 2% quarter-over-quarter, with adjusted EBITDA expectations falling to $4.05 billion, which is below prior market estimates. Furthermore, expectations for both the Completion and Production (C&P) and Drilling and Evaluation (D&E) segments show declines in revenue and operating margins, with specific forecasts indicating a drop of 4-6% for C&P and a low-double-digit decrease in North America. Adding to the negative outlook, Halliburton anticipates mid-single-digit international revenue declines and low-double-digit drops in North America due to pricing pressures and reduced activity levels, compounded by increasing corporate expenses and significant tariff impacts.
This aggregate rating is based on analysts' research of Halliburton and is not a guaranteed prediction by Public.com or investment advice.
Halliburton (HAL) Analyst Forecast & Price Prediction
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